The battle for Thomson Travel`s takeover is far from over!

LONDON. Thomson<.> announced that a company other than C&N has contacted the management to discuss a possible takeover. Market analysts believe that it is Preussag (TUI`s parent company) that has contacted Charles Gurassa, Thomson`s Chief Executive to discuss possible options of a takeover. This belief is reinforced by the fact that Goldman Sachs, a major investment bank, was heavily buying Thomson stock on behalf of Preussag, which explains the rise of 13% of the share price to 162p, the second highest since Thomson joined the London Stock Exchange two years ago.

Theodore Koumelis

Co-Founder & Managing Director - Travel Media Applications | Website | + Posts

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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